Townsend & Associates Inc Grows Stock Position in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Townsend & Associates Inc increased its holdings in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 2.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 513,563 shares of the company’s stock after acquiring an additional 11,836 shares during the period. iShares Short Treasury Bond ETF comprises approximately 5.8% of Townsend & Associates Inc’s holdings, making the stock its largest holding. Townsend & Associates Inc owned approximately 0.30% of iShares Short Treasury Bond ETF worth $56,674,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the business. First Horizon Advisors Inc. grew its position in iShares Short Treasury Bond ETF by 41.2% during the 4th quarter. First Horizon Advisors Inc. now owns 26,730 shares of the company’s stock worth $2,943,000 after acquiring an additional 7,804 shares during the last quarter. Turning Point Benefit Group Inc. acquired a new position in iShares Short Treasury Bond ETF during the 4th quarter worth $1,149,000. Compass Capital Corp MA ADV acquired a new position in iShares Short Treasury Bond ETF during the 4th quarter worth $379,000. Able Wealth Management LLC lifted its holdings in iShares Short Treasury Bond ETF by 9.2% during the 4th quarter. Able Wealth Management LLC now owns 203,430 shares of the company’s stock worth $22,400,000 after buying an additional 17,210 shares in the last quarter. Finally, Concurrent Investment Advisors LLC lifted its holdings in iShares Short Treasury Bond ETF by 7.6% during the 4th quarter. Concurrent Investment Advisors LLC now owns 10,977 shares of the company’s stock worth $1,209,000 after buying an additional 774 shares in the last quarter. 7.10% of the stock is currently owned by institutional investors.

iShares Short Treasury Bond ETF Stock Up 0.0 %

NASDAQ:SHV opened at $110.36 on Friday. The stock’s fifty day moving average price is $110.22 and its two-hundred day moving average price is $110.31. iShares Short Treasury Bond ETF has a 52-week low of $109.91 and a 52-week high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.4033 per share. The ex-dividend date of this dividend was Monday, February 3rd.

About iShares Short Treasury Bond ETF

iShares Short Treasury Bond ETF (the Fund), formerly iShares Barclays Short Treasury Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond to the price and yield performance of the Barclays Capital U.S. Short Treasury Bond Index (the Index). The Index measures the performance of public obligations of the United States Treasury that have a remaining maturity of between 1 and 12 months.